Galp Energia and TMN Launch Mobile Services on Portugal’s First Windows Powered Smartphone

LISBON, Portugal, May 9, 2003 — Galp Energia, Portugals leading oil and gas company and TMN, Portugals largest mobile operator, today announced plans to launch a series of innovative mobile services for their customers based on the Microsoft® Windows® Powered Smartphone platform.

Through this partnership, Galp Energia and TMN customers will be able to access a set of related services such as information about their Galp Energia loyalty account, and also location based telematic services such as road maps, route directions, information about places of interest and live traffic updates — all on their mobile phone.

This project demonstrates Galp Energias commitment to innovation, one of the main pillars of the company. Besides innovation, Galp Energia sees this project delivering a new and efficient way of accessing mobile services currently available through fastaccess.pt portal as well as a way of providing exclusive advantages to its customers. Above all, this project is an opportunity to create value through the increase in customer loyalty, new income sources and cost reduction of the loyalty program. It will also add value to the fastaccess.pt portal owned in equal parts by GALP Energia and Brisa.

These new mobile services will be offered to Galp customers on an AEG branded Windows Powered Smartphone with TMN. AEG is working with Dangaard Telecom to bring the Smartphone to market.

In addition to the services outlined above, the Smartphone brings together a host of other powerful, exciting services and applications such as photo messaging, rich Web access, mobile e-mail, and instant and text messaging.

Smartphone users will also have access to a range of familiar Microsoft software including Pocket Internet Explorer, Windows Media® Player and Pocket Outlook® for e-mail calendar and contacts.

“This new venture demonstrates Galp Energias commitment to partner with market leaders to create leading products and services for our customers,”
said Ant
ó
nio Mexia, Chief Executive Officer at Galp Energia.
“Microsofts Windows Powered Smartphone on the TMN network provides the most comprehensive and leading-edge technology for us to launch these new mobile services on, and we are confident that these will be very popular with our customers.”

Partnerships Driving Mobile Services

This partnership is a breakthrough in the way in which mobile services and applications are brought to market quickly and efficiently. This is a unique example of a partnership developing innovative solutions for their customers and bringing together best-of-breed partners to deliver these solutions.

Juha Christensen, vice president of the Mobile Devices Marketing Group at Microsoft, said:
“Partnerships will become increasingly important in the mobile industry, and this is a great example of how together partners can reap the business benefits of mobile data communications and at the same time provide innovative services for their customers.”

Iriarte Esteves, Chief Executive Officer of TMN, said:
“The solution we are announcing today is a good example of our commitment to offering our clients the largest possible set of mobile services which will enable them to organize their everyday life in a functional, practical, efficient and joyful way.”

About Galp Energia

As a responsible leader in Portugals energy market, Galp Energia strives to provide great customer satisfaction by delivering innovative services for their mobile customers, from basic to the most advanced mobile solutions.

About TMN

TMN Telecomunica
ÇÕ
es M
ó
veis Nacionais S.A., is Portugal Telecoms mobile operator and the mobile market leader in Portugal, with over 50% market share. For the last twelve years TMN has focused on state-of-the-art technology and pioneered the launch of products and services that have marked the way in which the Portuguese communicate.

TMN was the first company in Portugal with an analogue network. Using GSM technology since 1992 it was the first mobile operator launching the prepaid card concept in 1995 — Mimo a concept soon adopted worldwide. In the year 2000 TMN was also one of the first worldwide mobile operators to offer its clients high-speed Wap value added services as well as fast access to Internet over GPRS. During the same year, TMN obtained the quality certification according Standard ISO 9001, making it the first Portuguese mobile communications operator to have all its activity certified.

TMN played a unique role in pioneering the scale use of mobile phones in Portugal, a role to be repeated in the creation of the information society and in the equally large scale use of 2.5G and 3G technology related services.

About Microsoft

Founded in 1975, Microsoft (Nasdaq
“MSFT”
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

About Dangaard Telecom

With subsidiaries in 14 countries, Danish Dangaard Telecom is Europe’s largest value adding distributor of mobile devices and accessories and the 3rd largest in the world. Dangaard combines advanced value added distribution and after sales service. The latter handled by Dangaard Telecom’s subsidiary, Teleservice International. Dangaard Telecom cooperates with leading network operators, manufacturers and retail chains across Europe. In the financial year 2001/02, Dangaard Telecom had a turnover of more than one billion EUR, and a pre-tax result of 12,5 million EUR.

Microsoft, Windows, Windows Media and Outlook are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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